Entry on a break of the previous trading day's high. Stop below the deepest pullback low. Fund managers like to trap pullback traders by triggering a pullback entry, so ignoring a first thrust can often lessen risk.

Long-side setups

MTN Vail Resorts
NTNX Nutanix Inc Cl A

Entry on a break of the previous trading day's low. Stop above the deepest pullback high. Fund managers like to trap pullback traders by triggering a pullback entry, so ignoring a first thrust can often lessen risk.

Short-side setups

AGNC American Cap Agency Corp
PBR Petroleo Brasileiro S.A. ADR
PINC Premier Inc Cl A
TGNA TEGNA Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.